Who is Jeanjean Tirole?
Jean Tirole, the 2014 Nobel Laureate in Economics, is Scientific Director of IDEI (Institut d’Economie Industrielle), Chairman of the Board of TSE (Toulouse School of Economics), and Annual Visiting Professor of Economics at MIT.
What is Tirole’s theory of industrial organization?
The Theory of Industrial Organization. Jean Tirole. MIT Press, Aug 26, 1988 – Business & Economics – 479 pages. 10 Reviews. The Theory of Industrial Organization is the first primary text to treat the new industrial organization at the advanced-undergraduate and graduate level.
What do you like most about Tirole’s work?
The strength of Tirole’s work is his masterful synthesis of analytical development and intuitive discussion. Consequently, he makes understandable to the reader some very advanced research. This synthesis will prove invaluable to graduate students who are looking for a research niche of their own.
What is Tirole’s theory of strategic interaction?
In Part II, Tirole takes up strategic interaction between firms, starting with a novel treatment of the Bertrand-Cournot interdependent pricing problem. He studies how capacity constraints, repeated interaction, product positioning, advertising, and asymmetric information affect competition or tacit collusion.